Adventure Ausrama Blog

China's economy is not so good lately. The booms time of the past decade will not return. However, with wages rising (though trade is moving to lower income countries) The middle class in China is growing. This means a change in diet to more meat. Add caption Australia alone cannot meet demand, so China is planning for the future itself. A new commercial cloning center is opening soon northern China. Its target is more than a million head of cattle by 2020. Very ambitious you may say, but China tends to complete what it plans. The state in China does work well with private industry. Indeed, laws are changed to make things happen. In its first year it will churn out 100,000 head, rising to one million within five years. Australian has nothing to fear. Demand will never meet growing demand. As now, Chinese will be able to order chilled prepared-to-eat meat from Australia. ◆  Biology by Ty Buchanan   ◆ Adventure Australia Funny Animal Photos Funny W...

For the first time economic theory is being challenged by the Internet. Economics has always put forward the premise that the consumer was all-knowing, in that the "going price" for products was known. Of course, in the past this has been a lie. The demand curve was absolutely false. Buyers did not know where they could get the best price. Now, potential buyers can go to a store, try on a particular brand of clothing to find the correct size, then go and buy it on the Internet. Some shops are charging for such browsing. This will only drive consumers away to another store. There isn't much doubt that there are too many stores in the market selling the same goods. This is a problem caused by local councils allowing shopping center development even when it is contrary to local planning laws. Councils are too easily influenced by cashed-up big business. As chain stores move into populated centers of rural areas the future looks bleak for the corner store. The da...